Is the IRS out control?

It?s tax time, and once again, we will be forced to knuckle under to our government?s demands. If you suspect there is plenty wrong with the current system, here are some facts to support your suspicions.

The U.S. tax code is now 3.8 million words long. All of Shakespeare?s works are 900,000 words long.

According to the National Taxpayers Union, U.S. taxpayers spend more than 7.6 billion hours complying with federal tax requirements. In 1937, two pages of instructions came with a Form 1040; today, 189 pages are necessary.

There have been 4,428 changes to the tax code in just the past 10 years.

The IRS currently offers 1999 different publications.

Fifteen years ago, as a test, 46 professional tax preparers completed a hypothetical tax return. All 46 of them came up with a different result. Do you think the same test tried today would be any different?

The Tax Foundation says the average American has to work until April 17 to pay all federal, state, and local taxes. January 22 was Tax Freedom Day in 1900.

America is the only country that taxes citizens on what they earn in foreign countries.

86% of IRS revenue comes from just 20% of Americans.

Total confiscation of the money earned by all those making $250,000 or more would provide just 38% of the federal budget once.

America?s 35% corporate tax rate is the highest in the world.

Because of this high tax rate, so many corporations have moved overseas that one 26,000 person town in Switzerland is the home of 30,000 corporations.

In 1950, when corporate tax rates were low, they amounted to 30% of IRS receipts. Today that number has fallen to just 7% as the corporate exodus continues.

The International Monetary Fund estimates Americans are storing $18 trillion (no, that is not a typo) overseas to keep this money from the government?s clutches.

Paying the IRS is so stressful on the average American that each year, the number of auto wrecks climbs around April 15th.

Because of the all the different classes of tax payers, tax credits and deductions. The entire thing is not going to apply to you,for example if your a U.S. resident your not going to have to worry about the following sections and what they apply to.

The key is to move to a country where taxes are low, but that has an agreement with the US that allows you to qualify for a US tax exclusion. For instance, let's say you move to a country that allows you to only pay 5% income tax on the first $96,000usd before you have to start paying Uncle Sam. Completely legit folks.

The key is to move to a country where taxes are low, but that has an agreement with the US that allows you to qualify for a US tax exclusion. For instance, let's say you move to a country that allows you to only pay 5% income tax on the first $96,000usd before you have to start paying Uncle Sam. Completely legit folks.

Click to expand...

You can deduct the amount of money you paid to the first country,from the amount of taxes owed to the u.s. government. But if you plan on staying long term in another country,and you already have citizenship in it. Or a citizen of a country that allows you to reside there (EU nations for example) then you should just give up your U.S. citizenship. If the income is high enough.

People will reeeeeally love the IRS come next year, if the health care reform bill survives Supreme Court challenge. That's because th e IS will be empowered to fine all US citizens who choose not to have a health insurance carrier. Moreover, under Obamacare the IRS will begin to enforce a new FEDERAL 3.8% real estate tax on all houses you sell from 2013 on----sell a place for $200,000, pay up to $7,600 to the feds, not counting capital gains for any profit made.

I say end the insanity, people should stop paying for their own slavery. There is no positive law requiring most Americans to pay of file income taxes. Fight every erroneous or fraudulent misapplication of the tax code against your person or property. BH the tax gestapo system, promote tax honesty!

People will reeeeeally love the IRS come next year, if the health care reform bill survives Supreme Court challenge. That's because th e IS will be empowered to fine all US citizens who choose not to have a health insurance carrier. Moreover, under Obamacare the IRS will begin to enforce a new FEDERAL 3.8% real estate tax on all houses you sell from 2013 on----sell a place for $200,000, pay up to $7,600 to the feds, not counting capital gains for any profit made.

I say end the insanity, people should stop paying for their own slavery. There is no positive law requiring most Americans to pay of file income taxes. Fight every erroneous or fraudulent misapplication of the tax code against your person or property. BH the tax gestapo system, promote tax honesty!

Click to expand...

Its not 3.8% on every single house sold, its only for people making over $200,000 and married couples over $250,000 filing jointly, And still for them the first $250,000 in profit for individuals and first $500,000 in profit for married couples is tax free.

QUOTE=zebrahat;4134275]
I say end the insanity, people should stop paying for their own slavery. There is no positive law requiring most Americans to pay of file income taxes. Fight every erroneous or fraudulent misapplication of the tax code against your person or property. BH the tax gestapo system, promote tax honesty![/QUOTE]

Just don't think of moving to Canada, it's even worse, especially for small businesses.
We have a saying that if you want to own a small business in Canada - buy a big business and wait two years.
Very true!

I was talking with a guy at a dinner party the other night; he is from the Netherlands and was telling me how hard it is for his business there...it is a non-profit, yet he is still paying something like 40% tax on profits...unreal. I told him to domicile the business in Singapore, where the first $100,000 profit is tax free...and the rates after that are really low.

Have you stopped paying the taxman? And stayed out of jail? Perpetuating this myth is dangerous.

Click to expand...

" A desperate disease requires a dangerous remedy. " - Guy Fawkes

I have not filed or paid in 12 years, no jail time, as I have broken no law, merely consistemtly objected to the misapplication of their code to my person. IRS scare letters? Yes, I've received every type. But I also removed my assets from exposure, and answer each scare letter with a simple challenge, requesting the jackboots substantiate their claims with a valid, lawful, and completed assessment, without which no claim is valid, including claims about penalties, interest, or IRS jurisdiction.

I have also sent the collection offices the responses to IRS FOIA letters I sent to their Philadelphia offices, requesting the assessments for the years in question---and those IRS FOIA response letters themselves confirm no assessments are on record. Since they cannot substantiate, and cannot levy wages or assets they cannot find, the 'claims' go no where, so they stopped harassing me two years ago. BH techniques involving use of pseudonyms and such take care of the rest. Examine some educational materials at SEDM.org if you want to explore this matter in depth.

Its not 3.8% on every single house sold, its only for people making over $200,000 and married couples over $250,000 filing jointly, And still for them the first $250,000 in profit for individuals and first $500,000 in profit for married couples is tax free.

Click to expand...

Riiiiight, and the income tax itself started out as a 1% tax on the rich in order to get passed, then rapidly changed once it went into effect. Count on the real estate tax dropping down to the middle class too, along with the rate going up.

The IRS has been out of control for a while. I had one audit take over 2 years and 3 auditors.

I was audited 3 times in 5 years. Each time I won. One audit cost me $7K+ in accountant fees to prove I was right. These were all brought on because I had filed an ammended return and my regular return for the next year was processed before the ammended return. They didn't care that that was the reason why my numbers didn't match from the previous year.

They wanted to audit me a 4th time after I had filed bankruptcy and closed my business. I called them up and was like SERIOUSLY!!! again? They finally dropped it after I impressed upon them that I had gone bankrupt for a reason.

Note that adblockers might block our captcha, and other functionality on BHW so if you don't see the captcha or see reduced functionality please disable adblockers to ensure full functionality, note we only allow relevant management verified ads on BHW.